ADABTC - Big Move incomingWhy i believe ADA will see a big move soon is because the BTC pair is at major support at the rising trendline.
You can see what happened every time we touched that trendline, + 100%.
If we get that bounce going then it's important that we break the highs again because otherwise we are possible setting up a head and shoulder pattern.
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ADABTC trade ideas
ADA/BTC LONG GET READY FOR BLAST OFF!!! Market Cipher ParabolaTIME SENSITIVE!!! I have made the switch over from btc into ADA and staking. Preparing for ADA to BTC to absolutely explode!
*RSI on market cipher is completely bottomed out, at 7
*Bullish Engulfing Daily candle
*Market Cipher Momentum Wave bottoming out ready for buy signal
*Parabola has held true and shows a steady path through the rest of the year
Let's talk Fundamentals. ADA <$75b Market Cap. More Smart Contracts/partnerships and transactions processed every day. Dex in works, Cardstarter, Total Value Locked Staking, NFT's coming, ALL the various use cases.
ADA Easily reaches $400b market cap by end of cycle. Cardano stands head and shoulders above Ethereum. It's only a matter of time before it's market cap closes in on where ETH's is currently.
*That's a 5X+ from here, or minimum $10-11 Cardano...soon. It would take Bitcoin's cap to reach $5t to match that move, or for ETH's cap to reach over $2.5t.... That's more money than what's in the entire space currently.
ADA is going to show you the money soon. Get prepped up for blast off.
CARDANO - Ready to outperform BITCOIN againHey everyone,
Quick update for CARDANO. To describe it in one word, the chart is "BULLISH".
Based on the ADA/BTC chart, CARDANO is at the white support line and it tested it perfectly multiple times successfully!
Not only that, the RSI is oversold in the daily and the MACD is showing sign of bullish reversal.
It's time to go big. Invest safely my friends.
Best regards,
Aloo2k
ADA - Long Entry Into Strong Support and Oversold RSII really like this entry here. ADA has a very oversold RSI at 16 as it runs into strong support and a trend that's been in play since the beginning of the year. ADA also has a history of strong bullish spikes when it gets this oversold, which makes this entry even more enticing. I'm long here.
BUYS are about to hit for ADABTCCardano has shown us many times in the past, that it likes having low volume downtrend consolidation from top trend line of channel back down to the bottom trend line. There is also an easily spottable bullish divergence currently. This is then followed by a high volume, explosive more to the top trend line. A break from the top trend line of this bull pennant can allow ADA to break the previous high with ease. Looks like alt season is just getting started....
Crucial for CardanoWeekly market structure (and daily if we zoom out a bit more) is still incredibly bullish for Cardano. Shorter term price action has lead to a couple of lower highs and lower lows. We a reaching a big support zone which coïncides with the 0.5FIB level. Should we hold this level then ADA will have set a higher low and could continue its longer term bullish momentum.
21 & 50 MA crossover, along with the widening of the MACD has got me worried wether or not this trade will play out.
I have set a rather cautious stop loss as my last two trades got stopped out by a few sats only to then reach my targets.
Curious to see how this one unfolds. What are your thoughts on ADA/BTC?
ADA/BTC: bullish setup!!!Cardano continue climbing in front of Bitcoin ratio. So, in Daily timeframe ADA worth 0.000055 satoshi. And the trend it's very clear, it's bullish. So, in based the USD, it's bullish too. So, my big advice it's don't make panic, don't sell your ADA, HOLD!!!
Because if you hold at least 1,000 ADA= your worth in Bitcoin actual it's 0.055 BTC, but in the future could to change to 0.1 BTC easily.
Now, I want to share you in long term my 4 targets in Bitcoin to get Bitcoin earns. I use a lot altcoin/Bitcoin in my investment strategy.
You can view now that Cardano could to becoming one of the best cryptocurrency with huge performance.
If you like this analysis, please hand up, share this information with others crypto-enthusiastic, amateur and people who don't understand it. I'm bullish on Cardano with 10,546 ADA in hold!!! And also with 10,039 XRP in hold.
Cardano in a mega uptrend vs BTCThis might ruffle a lot of feathers, but I'll say it : Cardano isn't a cryptocurrency, it's an idea, it's a movement, it's a marketing scheme, it's a cult. Until mid 2020 Cardano had no staking and up until a few days ago it didn't have smart contracts, yet it is the no.3 cryptocurrency. It's at 75B in Mcap and it has 22% of Ethereum's size yet nobody has really built anything on it yet. However that is changing now... With smart contracts and so many passionate holders/followers (cult members) Cardano could explode higher.
When looking at ADABTC it is clear that the 2017-2018 was totally unsustainable, but the bubble perfectly popped and then a huge accumulation started. One of the cleanest and strongest accumulations, and then staking launched which gave it another boost along with all its great marketing. The trend currently is so much cleaner and stronger, that I do believe ADA could easily go up 3-5x from here in BTC terms and reach the current market cap of Ethereum. With such high fees on Ethereum, Cardano might steal its thunder for some time... Maybe we get to see something similar to what we saw with Solana but potentially less massive as Cardano is already quite large. Like with Solana and several other coins we have seen the impact Binance & Coinbase listings are having on the market, so Cardano will potentially get a bigger boost soon as it hasn't had a massive pump since it got listed on Coinbase.
In USD terms I have no idea how well will it do short term as if the market has a large pullback it will follow to the downside vs USD, but probably won't break its trend vs BTC. It's so close to its BTC ATH, that I doubt it won't break it and have a huge rally.